1405 South Broadway

Santa Ana, CA 92707

$1,475,000
Price
6
Beds
6
Baths
3,272 Sq. Ft.
$451 / Sq. Ft.
3,272
Sq. Ft.
$451
per Sq. Ft.

Description

A must see investment property located in Wilshire Square neighborhood. This multi unit fourplex offers two - 2bd/1bth and two - 1bd/1bth with each unit having it's own car garage and common laundry room. Each unit is very specious and two units have long term tenancy with a large upside to increase rental income. Each unit is separately metered for gas and electricity. Two units offer tile flooring throughout while the other two have laminate and carpet. A must see!A must see investment property located in Wilshire Square neighborhood. This multi unit fourplex offers two - 2bd/1bth and two - 1bd/1bth with each unit having it's own car garage and common laundry room. Each unit is very specious and two units have long term tenancy with a large upside to increase rental income. Each unit is separately metered for gas and electricity. Two units offer tile flooring throughout while the other two have laminate and carpet. A must see!
  1. Listed by David Cruz • DRE #01874291 • Brokerage DRE #01883772 • Agustin De La Torre, Broker • 9494079841
  2. Listed by Agustin De La Torre • DRE #01883772 • Brokerage DRE #01883772 • Agustin De La Torre, Broker

Property Details for 1405 South Broadway

Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3272
Assessor Parcel Number
013-174-02

Location

Listing Courtesy of Agustin De La Torre, Broker, David Cruz, DRE #01874291; Agustin De La Torre, Broker, Agustin De La Torre, DRE #01883772
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LISTING UPDATED: 04/12/2024 11:29 PM

Property Details for 1405 South Broadway

StatusActive
MLS #PW24072696
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.14 AC / 6,098 SF
CountyOrange County

Location

Listing Courtesy of Agustin De La Torre, Broker, David Cruz, DRE #01874291; Agustin De La Torre, Broker, Agustin De La Torre, DRE #01883772
Add your commute

Building Information for 1405 South Broadway

Stories2Residences-Year Built1951Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$8,737 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$687

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1405 South Broadway

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $600
  • Gross Scheduled Income: $100,036
  • Gross Operating Income: $600
  • Net Operating Income: $89,608
  • Laundry Income: $600
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $11,578
  • Gardener Expense: $960
  • Licenses Expense: $550
  • Electric Expense: $540
  • Insurance Expense: $1,500
  • Trash Expense: $2,028
  • Water Sewer Expense: $6,000
  • Total Expenses: $11,578
Tax / Assessment Info
  • Tax Tract Number: 1265
  • Tax Census Tract: 746.01
  • CFD/Mello-Roos Fee: $1,035
  • Tax Lot: 26
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Outside
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Roof: Shingle
  • Entry Location: Ground Level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage - 1 Car
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage - Single Door
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,641
  • Unit Type Total Rent: $1,641
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,850
  • Unit Type Total Rent: $2,850
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,846
  • Unit Type Total Rent: $1,846
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1405 South Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1405 South Broadway

Taxable ValueLand$532,623Additions$118,357Total$650,980
Tax Record2023$8,248 ($687 / month)
Home Facts
Total Finished SqFt3,273 SqFtAbove Grade Finished SqFt3,273 SqFtStories2Lot Size6,150 SqFtStyleQuadraplexYear Built1951CountyORANGEAPN013-174-02

Schools near 1405 South Broadway

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Martin Elementary School
PublicK to 5

Julia C. Lathrop Intermediate School
Public6 to 8

Saddleback High School
Public7 to 12

Cesar E. Chavez High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1405 South Broadway is a multi-family home for sale in Santa Ana, CA 92707. This property was listed for sale on April 11, 2024 by Agustin De La Torre, Broker, it's currently listed at $1,475,000. It has been on the market for a total of 18 days and was last sold on November 5, 2012. This listing's school district is Santa Ana Unified School District. Nearby schools include Martin Elementary School, Julia C. Lathrop Intermediate School and Saddleback High School. 1405 South Broadway is a 6-bed, 6-bath, 3,272 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Agustin De La Torre, Broker, David Cruz, DRE #01874291; Agustin De La Torre, Broker, Agustin De La Torre, DRE #01883772

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.